M
mr_black
Guest
What is the name of your state? Texas
About a year ago, I traded in two automobiles at one dealer, and purchased two cars in return. The two cars I traded in had balances and needed to be paid off. Approximately 60 days later I recieved a collection call from the creditor from one of the cars I traded in, indicating that I was now 60 days deliquent on my payments.
I contacted the dealer only to find out that the payment was never made to pay off the car, they ended up having to fed ex out a payment to resolve the payoff.
I then recieved another call from the other creditor 6 months later indicating that the payoff was not made and that I had 10 days to make payoff before I was dinged on my credit for that car. I ended up paying this off.
After this experience, I found out that both my credit history from both of the car companies was now ruined. I had never missed a payment on either of these cars ever. Since these two weren't paid off properly, I have been spending the last year to resolve the credit issue. The dealership has admitted fault.
I found out that this has dropped my Very Good credit score to a Fair score. As a result, I have not been able to refinance, my revolving credit lines revoked becuase of my scores, and not to mention the major stress and time that my wife and I have been battling to get resolution.
This seems that it is a complete breach of contract based on the original agreement that the cars would be paid off within 15 days of contract.
First, do I have a case, second, what am I able to sue for, and third in this instance can punative damages be awarded?
About a year ago, I traded in two automobiles at one dealer, and purchased two cars in return. The two cars I traded in had balances and needed to be paid off. Approximately 60 days later I recieved a collection call from the creditor from one of the cars I traded in, indicating that I was now 60 days deliquent on my payments.
I contacted the dealer only to find out that the payment was never made to pay off the car, they ended up having to fed ex out a payment to resolve the payoff.
I then recieved another call from the other creditor 6 months later indicating that the payoff was not made and that I had 10 days to make payoff before I was dinged on my credit for that car. I ended up paying this off.
After this experience, I found out that both my credit history from both of the car companies was now ruined. I had never missed a payment on either of these cars ever. Since these two weren't paid off properly, I have been spending the last year to resolve the credit issue. The dealership has admitted fault.
I found out that this has dropped my Very Good credit score to a Fair score. As a result, I have not been able to refinance, my revolving credit lines revoked becuase of my scores, and not to mention the major stress and time that my wife and I have been battling to get resolution.
This seems that it is a complete breach of contract based on the original agreement that the cars would be paid off within 15 days of contract.
First, do I have a case, second, what am I able to sue for, and third in this instance can punative damages be awarded?
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